Mister Nassim Nicholas Taleb

Dear Ladies and Gentlemen

I received some messages to my last weekly mail and one, by Jan, was extraordinary in the sense that it contained questions of great deepness. I am not sure if I have been able to reply to Jan expectedly, but even if not, it was inspiring to me thinking about the questions and sharing my humble points of view.

Why am I telling you this? Because I want to encourage you to share your questions and thoughts as they help me thinking about aspects of our business, I would perhaps miss otherwise.

Nassim Taleb on cryptocurrencies

I have tried to elaborate on the value of cryptocurrencies in the past, and there are many different points of view. While we do not necessarily agree with everything Mr Nassim Taleb comes up with, we have referred to him on various occasions and in various publications. Nassim Taleb has been known as a big fan of Bitcoin.

However…

Link

It seems Mister Taleb has changed his point of view. I personally do not entirely agree with his paper, yet I think it is worthwhile reading it, which is why I encourage you to check it out.

For this, please find the following link to his latest thoughts on «Bitcoin, Currencies, and Fragility.»

Please enjoy the read :

BTC-QF.pdf (fooledbyrandomness.com)

Holidays

Ladies and Gentlemen, I will be on vacation for a few days and therefore not publish a «Stefan’s weekly» next week. The next regular issue can be expected for Friday, July 23, 2021. Until then, I wish you a great summer and hopefully some sunshine. Despite my vacation, please let me know your thoughts.

… but please do not forget (instead of hitting the reply button) to send your messages to smk@incrementum.li

Many thanks, indeed!

Ladies and Gentlemen, I wish you an excellent start to the day, a wonderful weekend, and above all, good health!

Yours truly,

Stefan M. Kremeth